Introduction:
IT stock secured a ₹14 crore project to modernize Maharashtra’s power transmission network using SD-WAN. The initiative enhances operational efficiency, deploying advanced cloud-integrated solutions across multiple offices. Implementation spans 4-8 weeks, followed by 60 months of maintenance, strengthening its leadership in digital transformation.
Share Price movement of Allied Digital Services:
On February 7, 2025, Allied Digital Services Ltd opened at ₹278.00, the stock reached a high of ₹286.10 rising 4.03% from its previous close of ₹275.01. and a low of ₹271.21. Currently the stock is trading at ₹278.75, with a market cap of ₹1,567.27 crore.
Allied Digital Services received new order:
Allied Digital Services Limited has secured a project from Maharashtra State Electricity Transmission Company Limited (MSETCL) to modernize its network using Software-Defined Wide Area Network (SD-WAN). The project, valued at over ₹14 crore, aims to enhance MSETCL’s operational efficiency and reliability in power transmission.
The initiative involves supplying, installing, configuring, and commissioning an advanced SD-WAN solution across MSETCL offices in Maharashtra. Allied Digital will also deploy cloud instances to integrate the SD-WAN architecture seamlessly, ensuring secure remote connectivity and robust network performance across the state’s power transmission infrastructure.
The project will be implemented within 4-8 weeks, followed by 60 months of operations and maintenance to ensure continued support. This strategic win reinforces Allied Digital’s leadership in network transformation, driving digital innovation in the power sector and strengthening its role as a master system integrator.
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Recent news About Allied Digital Services :
In its financial results for the third quarter ended December 31, 2024, Allied Digital reported a 29% increase in consolidated revenue, driven by robust domestic growth and strategic initiatives.
Stock performance of Allied Digital Services for Period of 1 week, 6 months and 1 year:
Allied Digital Services saw a strong 18.5% gain in one week, reflecting positive investor sentiment. Over six months, the stock surged 32.2%, indicating consistent growth. Over the past year, it delivered an impressive 68.0% return, showcasing its strong performance and increasing market confidence.
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Shareholding pattern of Allied Digital Services:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 51.33 | 51.7 | 52.09 |
| FII | 1.67 | 2.01 | 1.81 |
| DII | 0 | 0 | 0 |
| Retail & others | 47.01 | 46.28 | 46.1 |
About Allied Digital Services:
Allied Digital Services is a global IT solutions provider specializing in digital transformation, cybersecurity, cloud computing, and smart infrastructure. It offers managed services, system integration, and enterprise solutions, catering to diverse industries while expanding its presence in technology-driven innovations across domestic and international markets.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
